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    127 Evans St Florence, SC 29501

    Sponsored
    For Lease
    $25 SF/Yr ($16,141 /Mo)

    Historic District, prime location, flexible space.

    Lot size:
    7,748 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use building, located in the heart of Downtown Florence's Historic District directly across from Hotel Florence, offers 7,748 square feet of space in a beautifully renovated (2024) three-story building. Originally constructed in 1925, this Class B property boasts a prime location with high foot traffic and visibility, making it ideal for a variety of businesses. Currently, there are two available spaces: 1,100 square feet and 450 square feet, which can be combined to accommodate a larger tenant. The building is suited for retail, restaurant, or office uses, including creative office, traditional office, coworking, executive office, and medical office spaces. The property features abundant public parking directly adjacent, and the potential for outdoor seating adds to its appeal. Its proximity to McLeod Hospital, numerous shops, restaurants, entertainment venues, educational institutions, and government offices ensures high visibility and accessibility. Available for occupancy in the first quarter of 2025, this property presents a unique opportunity to establish or expand your business in a thriving and vibrant downtown area. The building includes an elevator and is served by multiple tenants. Don't miss this chance to secure a prominent location in Florence's dynamic business and cultural district.

    Property Features for 127 Evans St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,748 SF
    Class
    B
    Total Rate
    16141.67

    Building Details

    Year Built/Renovated
    1925/2024
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    1100 SF
    Size
    1,100 SF
    Rate per SF
    $25
    Space
    450 SF
    Size
    450 SF
    Rate per SF
    $25

    HighLights

    • 7,748 SF mixed‑use building in Florence's Historic District, renovated in 2024.
    • Prime location across from Hotel Florence with high foot traffic.
    • Two available spaces (1,100 SF & 450 SF, combinable) suitable for retail, restaurant, or office uses.
    • Abundant adjacent public parking and potential for outdoor seating.
    • Available Q1 2025; includes elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Florence
    County
    Florence
    State
    South Carolina
    Longitude
    -79.766658852459
    Latitude
    34.197326544113

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    FAQs

    What type of property is this?
    Restaurant - Historic District, prime location, flexible space.
    Where is this restaurant located?
    The property is located at 127 Evans St Florence, SC.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 7,748 SF mixed-use building in Florence's Historic District, renovated in 2024.; Prime location across from Hotel Florence with high foot traffic.; Two available spaces (1,100 SF & 450 SF, combinable) suitable for retail, restaurant, or office uses.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    127 Evans St Florence, SC 29501
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